The Future of Transportation Factoring

The core principles that every transportation factoring company should practice are: Getting to know your customer, and the industry they work in. When considering the future challenges of your client, and the changes on the horizon, the factor will be better prepared to deal with the hurdles along the way by understanding the intricacies of the transportation industry. Although there have always been challenges in the transportation factoring business due to regulation, staying informed of changes to the industry’s rules and regulations will better prepare us to react if, or when, the regulations come to fruition. •